MANILA, Philippines – The Marcos administration has raised $2.5 billion from its latest return to the international debt market, officially completing the government’s external commercial borrowing program for 2026.
According to the Bureau of the Treasury (BTr), demand for triple-tranche US dollar bonds went 4.4 times the initial $2-billion offering, allowing the government to upsize the transaction.
READ: $2.75B raised from Philippine global bond sale
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Broken down, the government raised $550 million from 5.5-year bonds at a yield of 4.699 percent, while the 10-year bonds generated $1.65 billion at a yield of 5.355 percent.FEATURED STORIES
